properties between $1-$2 million

[David Smith]

seeking mix use or multifamily with stable HIGH rent income per unit in tri-state.  I prefer less units with higher rent  THAN more units with each unit at low rent. 

1. 25-30 % down payment is enough?

2. self manage or pay management company. 

Maybe will just get 4 family with each unit $2500 monthly rent.

[David Walkotten]

@Ethan Smith once you get over 1MM loan amount you can get better terms. Like 30-year amortization, longer fixed periods, better interest rates. A Fannie/Freddie product. I’d recommend that. Only kicker is net worth > loan amount.